Rational Exuberance? 

Feb 1, 2003, Parke Chapman and Matt Valley

Late last year, as conditions in the office sector declined and price tags for buildings continued to rise, industry pundits warned of a possible investment...

Downtown Baltimore office tower sells for $50M 

Jan 28, 2003, From staff and wire reports

A 380,000 sq. ft. office building in downtown Baltimore has sold for $50 million. Norfolk-Va. Based Harbor Group International (HGI) and a corporate investor...

MetLife closes $46M refinance of Millennium Tower 

Jan 22, 2003, From staff and wire reports

Millennium Tower LLC has refinanced the 200,000 sq. ft. commercial unit of Millennium Tower, a 20-story, mixed-use property in downtown Seattle. Millennium...

2002 was a good year for leasing activity in Manhattan 

Jan 7, 2003, Parke Chapman

Leasing volume in Manhattan rose by nearly 2 million sq. ft. over 2001 levels, according to a new report from Cushman & Wakefield. A total of 20.8 million...

MetLife sells 501 Boylston St. 

Jan 2, 2003, From staff and wire reports

MetLife Inc. has sold the 530,000 sq. ft. 501 Boylston St. building in Boston to locally based Beacon Capital Partners LLC for a reported $130 million....

Wells Makes Its Move 

Jan 1, 2003, Matt Gove

Wells Real Estate Funds has spent most of its 18-year history flying under the radar buying nondescript, single-tenant suburban office buildings. Now,...

A view from the summit 

Jan 1, 2003

The problems facing commercial real estate CEOs at the dawn of 2003 are daunting. To begin with, job growth the engine that drives the industry is sputtering....

Wells buys office tower for $157 million 

Dec 23, 2002

Capping off a year-long acquisition spree, Atlanta-based Wells Real Estate Investment Trust has closed on a $157 million Class-A office tower in Glendale,...

Lower Manhattan law firm renews lease of 250,000 sq. ft. 

Dec 20, 2002, By Parke Chapman

International law firm Cahill Gordon Reindel has renewed its lease for 250,000 sq. ft. in 80 Pine St. in Lower Manhattan. through 2020. The law firm has...

Sotheby’s HQ sells for $175 million 

Dec 18, 2002, By Parke Chapman

Embattled auction house Sotheby’s has sold its York Avenue headquarters in Manhattan for $175 million to German real estate firm RFR Holding. Sotheby’s...

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